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Dec 9, 2013 2:00am EST
update from its neoclassical feel. new technologies being installed, all being done with an eye to the building's history. among the auction highlights, to crystal chandeliers with a price of over $8,000. this oil painting which the hotel hopes will fetch over $65,000 or differs items are bit much for your flat, and how about silver cutlery, crystal champagne glasses and silver napkin holders? hotel closes next week and will reopen in autumn next year. angus bennett, bloomberg. >> i think i have all the crystal chandeliers i can pay for. >> quite cheap, actually, 8000. a hospital before? >> our next guest says tapering in the u.s. means the economy has well and truly arrived back in the bridal. stay with us. -- as well and truly arrived bridle. stay with us. ♪ >> welcome back to "countdown." i mark barton. >> our next guest says the introduction of tapering in the u.s. could be bad for investors and probably worse for equities and bonds. let's caso minds back to the end of last week. we had some data on job creation in the u.s. that came in stronger than people anticipated or eco
Dec 10, 2013 1:00am EST
out -- technology all day. caroline hyde wins us from the conference in paris. nokia maybe close to deal with tax authority. we have that story from hong kong. hour, we'reer an covering -- covering travel. >> us to you about the big interviews we have coming up on bloomberg. from aris.joined she runs an online beauty supplier. peter long talks was next hour after we get earnings from that business. >> later from the web, paypal president david marcus joins us. that will be at 7:30 a.m. london time. later on bloomberg television, we will be joined by heston blumenthal. >> they were talking about the effectiveness of forward guidance. we have more on what he has been saying. >> he has been. good morning to you both. the issues that he faces with the bank of england very similar to what the u.s. faces. one is the recovery taking hold? two, when is it time to withdraw stimulus. >> historic relationships for monetary policy -- the relationship between monetary policy and a person is purchasing -- purchasing manager would suggest that rates would have increased already. would have been wh
Dec 5, 2013 1:00am EST
have two identify new consumers. to technology, it is easy for a carmaker to look at different models using the same set of parts. other components could be shared so each model does not require -- if in the olden days you have to sell 100,000 cars of a given even, now you can sell three different models at -- $30,000 each. not that there are not pitfalls. mercedes stop selling one of its models. automakers have very curious -- they're clever things you can do. it doesn't always mean you should. there.grobart out anned to find admission. ♪ >> welcome back to "countdown." i am anna edwards. >> i am mark barton. the ford mustang is gearing up in the narrow streets of europe for the first time. iconic american car will go on sale in the region. we are joined by the ford president. he joins us from barcelona with that latest car that will be unveiled this afternoon. thank you for joining us. pleasure. good morning to you. >> why has it taken 50 years for to sell the ford mustang in europe? that is a great opening question. business people are so interested in the mustang. they imported
FOX Business
Dec 10, 2013 3:00pm EST
because if you've seen the changes that have happened with handheld technologies and what you can do with your devices, we're kind of the company that builds the infrastructure and the backbone to make that work. obviously, when you think about rural markets, it's a lot easier to get rural markets up and running via wireless, so i think we've made great inroads. cheryl: okay. so the rural area's till strong for you, what about the energy sector? because there has been a bit of a, i guess, a change of direction whether it's wind, solar, nat gas, coal production, what do you see happening in that sector, and is that the most important sector for you right now with energy? >> we build wind farms, solar farms, our biggest business today is we build oil and gas pipelines, but we're seeing an energy boom in america. we're seeing a country that is using its own natural resources, and i think we're finally at a place where our own natural resources can fuel our growth in our future. our biggest business is we build oil and gas pipelines from those shales, from those production plays to homes
FOX Business
Dec 4, 2013 3:00pm EST
technology names. nicole petallides on the floor of the stock exchange. nicole: technology bucking the trend at the last point today. when the dow is down over $100 you son teams like intel and microsoft with the arrows. hewlett-packard is up 3.5%, twitter at $43.40, up 5% and facebook up 3.4% so you see this group in particular seems to be bucking the trend we have been seeing, financial very temperamental, crossing the unchanged line, the dow went over the unchanged line 30 times, something -- that is will we have been seeing with financials, social media and technology really seem to be leading the way for us today. facebook of 3.4%. liz: we were up 46 points for the dow jones industrials and you can see the tough go, the market swimming in positive economic data this morning, the markets have drowned in it. first we got better than expected home sales and the ndp jobs report, both better than expected. in the last hour the newly released beige book gave us a rundown of the current state of the economy and whether it is heading but is it heading into or or our temperatures more comfortabl
FOX Business
Dec 6, 2013 3:00pm EST
-day low, it's down 9%, and they're buying from every sector from energy to technology and industrials. liz: foresting to see that concern interesting to see that on the vixx there. it had touched 15 two days ago. now to peter barnes. peter? >> reporter: well, hey, liz. these numbers today are adding fuel to the taper talk with the fed potentially moving as soon as its next policy meeting on december 17th and 18th, just two weeks from now. i'll tell you what a couple of fed officials are saying about the numbers and tapering in just a couple of moments. liz: okay. let's get to our traders at the new york stock exchange, cme and nymex. for once the markets are reading a strong number as, oh, there goes all that stimulus to, wait a minute, this has got to be a good sign. second month in a row, right, keith? where we've had a surprise to the upside from the jobs numbers. why the difference today from just yesterday? >> it's actually interesting. i think yesterday and what we saw the week before has led people to think that december taper's going to come in. i personally don't think it's g
FOX Business
Dec 9, 2013 3:00pm EST
. cheryl: what about this year? >> this year is interesting. a lot of things. technology releases' the money game, so release in november, so it is really where consumers going to put their money. so presumably if this been done again council which at the end of the days was 600, they know how lot less for apparel. cheryl: even somebody like a best buy, half of the northeast is covered in snow, they can actually be a one this holiday season as well. that is an interesting point. glass box. do you think that at the end of the day we're going to see a better selling season and we did last year? this is the first time for me in recent memory and we really don't know what the consumer is going to do. >> yeah, you know, we think that the seasonal items are going to be up anywhere from 2230 percent over last year. that does not mean there will be an overall grade selling season because you have a lot of other, more expensive items that right now are not selling as well. but at least to the seasonal items, which is really a cash cow for these retailers, and is almost like a big tobacco c
FOX Business
Dec 2, 2013 3:00pm EST
. [ male announcer ] fedex one rate. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. i have been understanding that the fed's presence has made a bull market very obvious. less obvious to you as you were calling -- and you are a much smaller guy. i kept thinking, why is he doing this at 20 percent correction? it never happened. now you look in retrospect. this year the dow has tripled the gains that is all in 2012 be read double in the gains. markets don't have moonshots. what other three warning signs? these three things lineup. the planets are lined. >> my credit to my want to say that i am very bullish at the end of 2008. nearly 2009. riding the bull markets around the world from 2009 onward. now we are getting, next march will be the sixth anniversary of the bull market. in june of next year, the sixth anniversary of the economic recovery. by any standard way above the average bull market that we have . the evaluations of fetched in the market is overbought. the likelihood of a major correction as the market goes u
FOX Business
Dec 3, 2013 3:00pm EST
inexpensive, utilities would be inexpensive, but technology, for example, is 40% under its 15-year average for valuation. so an area where you thought should be expensive like apple at 12 times earnings, microsoft at 13 times earnings, those are some of the cheapest companies in the market right now. liz: so is that how you do your strategy? you look for the undervalued sectors and then go digging there? >> yeah. we look for high quality companies, and we define that by terrific balance sheets, and and then -- liz: let me let you not gloss over that. when you look at say, for example, or yahoo! finance, there are about 30 different metrics on there, everything from debt, everything from price to earnings ratio, how much of the note is shorted, what do you mean balance sheet, cash? >> we look for cash, we look for an unlevered balance sheet from a debt perspective and reoccurring revenue on that line as well. so a business that can stand the test of time, that can put up with the recession, that can get through 2008. liz: i look at things and say, okay, you have a ve
FOX Business
Dec 5, 2013 3:00pm EST
with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is. 3 million homes. by 2030, investments in energy effiency could help americans save $300 billion each year. take the energy quiz. energy lives here. ♪ liz: dow jones industrials losing 75 points. the s&p down about eight points. a loss of half a percent. stay in the red. the russell 2000 interestingly enough seeing a tiny, tiny gain. two big stories from the west coast, one from the social media company that we are all addicted to, and another from a device that we cannot live without. charlie gasparino with the details. >> reporter: appointing its first-ever retailer to the board of directors. the appointment is effective immediately to the former ceo, a london-based media conglomerate that owns penguin, random house, financial times. also on the board of nokia. ironically, it seems he did not used twitter
Search Results 0 to 9 of about 10